Ancoa is a dedicated, "big fast data" technology specifically developed to give financial market regulators and other market players the means to enforce market rules in today's world of high frequency trading.

The study not only presents robust data on accelerated growth of the MES industry, emerging market players and its positive influence on intra-Asian trade, but also shows that Asia Pacific is overtaking Europe in terms of MES market size.

But some market players said those measures, coupled with comments from ECB chief Jean-Claude Trichet that there were high level of uncertainties, only made investors think that economic conditions in Europe may be deteriorating more quickly than they had anticipated.

Another market player tells that "Turkish producers keep changing their prices in accordance with the demand but lowering the price does not do much to increase demand,and that's why stability in prices is healthier.

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